Kazatomprom Uranium Mining

Total uranium production in Kazakhstan for the 9 months of 2009 amounted to 9,535 tU. Thus, the target was exceeded by 3%. The increase, as compared to the corresponding period of 2008, made up 61%, while a gain of U3O8 output in comparison with the corresponding period of 2008 was 50%.

Full 2009 production should be about 12,700 tons. 3000 tons of uranium production is to be added in 2010.

Kazatomprom, the Uranium mining company of Kazakhstan is on track to deliver 15,000 tons of uranium per year in 2010.

Two sulfuric acid plants are currently under construction: one – in Zhanakorgan district, Kyzylorda region (capacity is 500,000 tons per year, project cost is US$ 216 million, operation to be started in 2011, with design capacity to be reached in 2012), and the other – in Stepnogorsk (capacity is 180,000 tons per year, project cost is KZT 8.8 billion, operation to be started in 2010)